Fed’s Evans: Overshooting inflation a little bit to make sure you hit 2% seems quite sensible

More comments flowing in from Fed’s Evans on the US inflation outlook this Monday:

It is only in getting inflation up to 2% that inflation expectations will be anchored

US productivity has been disappointing for some time and that's partly cyclical

Overshooting inflation a little bit to make sure you hit 2% seems quite sensible

May 9, 2016

Would Brexit lead to a UK rate cut? – Investec

Research Team at Investec, notes that the Sunday Times was reporting yesterday that the Bank of England has asked banks to prepare for the possibility of a rate cut if Britain leaves the EU, without attributing the statement to any particular source.

Oil: Market hit with the tragic wildfires spreading through Canada – Deutsche Bank

Research Team at Deutsche Bank, suggests that the big story for energy markets are the tragic wildfires spreading through Canada currently.